Oakhaven
Data as of September 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38115) currently shows 70 active listings, with 15 pending sales. Homes are averaging 62 days on the market before going under contract.
Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 62 days on market compared to 85 days last year.
The median listing price has risen 42.5% year-over-year, from $90,975 to $129,675.
Population: 36,574 · Density: 1,645.3/mi² · Median household income: $39,176
Typical home value: $117,561 · Homeownership: 22.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38115 | Memphis, TN 38115 | 0.0 mi | 66 | $9,054,804 | $124,725 | $137,194 |
| 38141 | Memphis, TN 38141 | 2.7 mi | 38 | $7,629,792 | $182,375 | $200,784 |
| 38138 | Germantown, TN 38138 | 4.2 mi | 130 | $88,391,810 | $492,500 | $679,937 |
| 38120 | Memphis, TN 38120 | 4.8 mi | 94 | $64,776,246 | $478,688 | $689,109 |
| 38111 | Memphis, TN 38111 | 5.9 mi | 215 | $52,876,670 | $185,675 | $245,938 |
| 38114 | Memphis, TN 38114 | 7.5 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 38018 | Cordova, TN 38018 | 7.9 mi | 153 | $65,400,003 | $359,000 | $427,451 |
| 38116 | Memphis, TN 38116 | 8.4 mi | 72 | $13,091,688 | $171,725 | $181,829 |
| 38112 | Memphis, TN 38112 | 9.1 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38104 | Memphis, TN 38104 | 9.6 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38108 | Memphis, TN 38108 | 10.1 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38016 | Cordova, TN 38016 | 10.4 mi | 146 | $48,018,524 | $327,625 | $328,894 |
| 38133 | Memphis, TN 38133 | 11.6 mi | 66 | $21,566,358 | $318,700 | $326,763 |
As of September 2026, there are 70 active listings in MEMPHIS, TN (zip code 38115), compared to 82 the prior year.
The median listing price in MEMPHIS, TN 38115 is $129,675 as of September 2026, a 42.5% increase from $90,975 the prior year.
Homes in MEMPHIS, TN 38115 spend an average of 62 days on the market before going under contract, compared to 85 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MEMPHIS, TN 38115 is currently a Seller's Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 62 days on market compared to 85 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38115 save an estimated $2,594 compared to a typical 5% commission on the median listing price of $129,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.